Heritage Park bundle policy requires buyers of lot to avail a Pre-need plan at the same time. Pre-need plan can be an Interment Plan (Hukay/Libing Service), Memorial Life Plan ( Burol/Wake Service) , Cremation Plan or other Life Plans offered by Philplans.
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SunStar Cebu
By Jeandie O. Galolo
Sunday, November 3, 2013
INVESTING in memorial lots are now growing in popularity among local investors as they see a high return on their investments, a memorial lot broker said.
Unlike in the past years when people only considered condominiums, houses and land as good types of investment, Legacy Plains Developer Corp. (LPDC) broker coordinator Arlene Espira said locals nowadays now see memorial lots as good investments.
Espira said most of her clients buy memorial lots not just because they want to prepare for their death but as assets they can sell in the future for a higher price.
She said memorial lot investors can expect to earn 10 percent of their investment every two to three years. If they decide to sell it on the fifth year, they can earn twice as much as their investment.
In one of LPDC’s memorial gardens, the Celestial Meadows in Minglanilla town, the price for a lawn lot now ranges from P98,000 to P122,000. In 2004, a lawn lot type in Celestial Meadows was sold for P30,000.
Aside from high resale value, Espira said memorial lots also offer “peace of mind” to the investors since there is no need for constant maintenance.
She said the maintenance is shouldered by the developer, which already includes the cleaning of the area and the regular trimming of the grass.
Espira said one of her clients chose to invest in different memorial gardens here in Cebu but refused to invest in condominiums or houses saying that memorial lots are a “hassle-free” investment.
The security in the area is another good reason why investors or those whose relatives are buried in private memorial gardens can also be assured of, she said.
Espira said she is also expecting developers who are planning to put up vertical projects in Cebu to consider investing in memorial gardens considering its profitability.
The earthquake last month could also be another factor for developers to lessen vertical projects and focus more on other developments like developing memorial gardens.
Despite the increasing price of a privately-run memorial gardens, Espira said everyone can own one because there are different payment options that they can choose from.
She said Celestial Meadows has an installment option that people can pay from one to five years. The down payment for a lawn lot type is pegged at P2,500.
Celestial Meadows Memorial Garden is a 2.2 hectare property in Poblacion, Minglanilla.
Espira said 90 percent of the property has already been purchase, with 70 percent used. It offers different lot types, including lawns, gardens, court estate and family estate.
LPDC also developed memorial gardens in Toledo, Naga and Moalboal.
Espira said the developer is considering northern part of Cebu and its neighboring provinces.
By Jeandie O. Galolo
Sunday, November 3, 2013
INVESTING in memorial lots are now growing in popularity among local investors as they see a high return on their investments, a memorial lot broker said.
Unlike in the past years when people only considered condominiums, houses and land as good types of investment, Legacy Plains Developer Corp. (LPDC) broker coordinator Arlene Espira said locals nowadays now see memorial lots as good investments.Espira said most of her clients buy memorial lots not just because they want to prepare for their death but as assets they can sell in the future for a higher price.
She said memorial lot investors can expect to earn 10 percent of their investment every two to three years. If they decide to sell it on the fifth year, they can earn twice as much as their investment.
In one of LPDC’s memorial gardens, the Celestial Meadows in Minglanilla town, the price for a lawn lot now ranges from P98,000 to P122,000. In 2004, a lawn lot type in Celestial Meadows was sold for P30,000.
Aside from high resale value, Espira said memorial lots also offer “peace of mind” to the investors since there is no need for constant maintenance.
She said the maintenance is shouldered by the developer, which already includes the cleaning of the area and the regular trimming of the grass.
Espira said one of her clients chose to invest in different memorial gardens here in Cebu but refused to invest in condominiums or houses saying that memorial lots are a “hassle-free” investment.
The security in the area is another good reason why investors or those whose relatives are buried in private memorial gardens can also be assured of, she said.
Espira said she is also expecting developers who are planning to put up vertical projects in Cebu to consider investing in memorial gardens considering its profitability.
The earthquake last month could also be another factor for developers to lessen vertical projects and focus more on other developments like developing memorial gardens.
Despite the increasing price of a privately-run memorial gardens, Espira said everyone can own one because there are different payment options that they can choose from.
She said Celestial Meadows has an installment option that people can pay from one to five years. The down payment for a lawn lot type is pegged at P2,500.
Celestial Meadows Memorial Garden is a 2.2 hectare property in Poblacion, Minglanilla.
Espira said 90 percent of the property has already been purchase, with 70 percent used. It offers different lot types, including lawns, gardens, court estate and family estate.
LPDC also developed memorial gardens in Toledo, Naga and Moalboal.
Espira said the developer is considering northern part of Cebu and its neighboring provinces.
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The 3 must haves Memorial Investments
The goal of this write up is to educate Filipinos on the
importance of memorial investments. Here in the Philippines, mostly people
avoid talking about death. Some says it’s a taboo , purchasing memorial lot
might to lead to earlier death or they’ll tell you that you are planning your
death. Well, I’ll tell you everybody will surely die in their own time (God’s
will) – that is our final destination. The question is, if you do not plan
would you think you have that enough cash to pay for a proper burial and wake
if the need arises?
To help you reflect about this, do you know that you need three
(3) memorial investments? These Investments are;
- Memorial Lot: A lot
where you bury the deceased.
- Mortuary Services: The funeral/Wake services
- Interment Services: The burial services
If Cremation:
- Cremation Niche
- Mortuary services
- Inurnment services
To Illustrate more, here is sample table of the difference
of planned vs unplanned ;
The Heritage Park –
The Fort Bonifacio , Taguig
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Planned (Term Payment)
Pre-need
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Un-planned (Spot-Cash)
At-need
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Memorial Lot –
Regular Lawn lot (can accommodate 2 full bodies or 8 cremains or bones )
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30% downpayment /
balance Php6,431.25/ in 12 mos + transfer fees Php 1,500.00
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Php 95,000.00 +
transfer fees Php 1,500.00
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Mortuary Services
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Php4,956.90/in 60
mos
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Php 230,000.00
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Interment Service
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Php2,379.31/in 60 mos
(for 2 full bodies)
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Php61,800.00
(for 1 full body)
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If you think about it, it seems that if you sum it all up At-need
price is much cheaper than pre-need plan but the catch is - the price will surely change upon the
time of need. The example is the current price this 2015, 6 months from now or
years from now, services or price will surely increase. However, if you purchased now
, 10 years from now all the services stipulated on the contract will be given ,
regardless of price increase of the services – that’s why we called it
investment on the first place.
If you have the money, memorial lots are also a great
property investment. A parcel of lot has high appraisal value. A lot that was
bought year 2012 at Php75,000 values Php95,000 to this day, it earns 26.66% - more than a bank can offer within just a
short period of time which is also true to pre-need plans.
More and more Filipino families are now practically investing
to memorial lots and plans either for personal or for business purpose. –
Securing their Family and Securing their Future.
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| Direction to The Heritage Park (Heritage Memorial Park) |
How to Get to Heritage Memorial Park, Taguig, Metro Manila
From MRT Guadalupe Station, board a jeepney to take you there like those jeeps plying the Guadalupe- FTI route.
From Eastwood City on C-5 you can ride the Citiylink bus that will take you there. You can also take this bus from NAIA Terminal 3, Resorts World Manila or at the Sales Flyover (near Villamor Airbase and Fort Bonifacio gate 3)
Driving Directions to Heritage Memorial Park, Taguig, Metro Manila
From Quezon City it's best to just pass through C5 southbound all the way to the entrance gates of Herigate Park which is near Libingan ng mga Bayani and Bayani Road just before you reach SLEX.
There are lots of parking spaces there, no worries about parking fee/rate as it's a private memorial park.
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Friday, November 1, 2013 (Sunstar.com.ph)
CLEAR blue skies welcomed families who trooped to The Heritage Memorial Park in Taguig City Friday to observe All Saints’ Day.
Traffic situation was light outside the cemetery the whole morning of November 1 and no untoward incidents were reported to the authorities.
Help desks and medical assistance booths, as well as food stalls, were stationed in one area inside the memorial park. Ambulant vendors, on the other hand, were not given access to the cemetery.
Most families camped out and opted to spend the night with their departed loved ones while others came in early Friday.
Among those who were laid to rest at the Heritage Park were former budget secretary Emilia Boncodin, actor Rudy Fernandez and King of Comedy, Dolphy.
CLEAR blue skies welcomed families who trooped to The Heritage Memorial Park in Taguig City Friday to observe All Saints’ Day.
Traffic situation was light outside the cemetery the whole morning of November 1 and no untoward incidents were reported to the authorities.
Help desks and medical assistance booths, as well as food stalls, were stationed in one area inside the memorial park. Ambulant vendors, on the other hand, were not given access to the cemetery.
Most families camped out and opted to spend the night with their departed loved ones while others came in early Friday.
Among those who were laid to rest at the Heritage Park were former budget secretary Emilia Boncodin, actor Rudy Fernandez and King of Comedy, Dolphy.
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July 11, 2012 6:17am
(gmanetwork.com)
The remains of Comedy King Rodolfo "Dolphy" Vera Quizon were brought to the Heritage Park in Taguig City before midnight Tuesday, hours after he passed away at age 83.
Dolphy's remains arrived at the Heritage Park at 11:55 p.m. from the Makati Medical Center, radio dzBB reported early Wednesday.
But the public was not immediately allowed to proceed there to pay their respects to Dolphy. Only the family was allowed to do so.
Dolphy died of "multiple organ failure secondary to complications brought about by severe pneumonia, chronic obstructive pulmonary disease, and acute renal failure” before 9 p.m. Tuesday.
(gmanetwork.com)
The remains of Comedy King Rodolfo "Dolphy" Vera Quizon were brought to the Heritage Park in Taguig City before midnight Tuesday, hours after he passed away at age 83.
Dolphy's remains arrived at the Heritage Park at 11:55 p.m. from the Makati Medical Center, radio dzBB reported early Wednesday.
But the public was not immediately allowed to proceed there to pay their respects to Dolphy. Only the family was allowed to do so.
Dolphy died of "multiple organ failure secondary to complications brought about by severe pneumonia, chronic obstructive pulmonary disease, and acute renal failure” before 9 p.m. Tuesday.
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